International Grains Agreement
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The International Grains Agreement (IGA) is an international agreement focused on the
grain trade The grain trade refers to the local and international trade in cereals and other food grains such as wheat, barley, maize, and rice. Grain is an important trade item because it is easily stored and transported with limited spoilage, unlike other ...
which replaced the International Wheat Agreement in 1995, comprises a Grains Trade Convention (GTC) and a Food Aid Convention (FAC). The IGA is administered by the
International Grains Council The International Grains Council (IGC) is an intergovernmental organization which oversees the Grains Trade Convention and seeks to promote cooperation in the global grain trade. It’s tasked with enhancing market stability and world food sec ...
(IGC), an intergovernmental forum for cooperation on
wheat Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeologi ...
and coarse
grain A grain is a small, hard, dry fruit (caryopsis) – with or without an attached hull layer – harvested for human or animal consumption. A grain crop is a grain-producing plant. The two main types of commercial grain crops are cereals and legum ...
matters. The Grains Trade Convention provides for information-sharing, analysis and consultations on grain market and policy developments. Under the Food Aid Convention, donor countries pledge to provide annually specified amounts of
food aid In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another. Ai ...
to developing countries in the form of grain suitable for human consumption, or cash to buy suitable grains in recipient countries. The International Grains Agreement does not contain any mechanisms for stabilizing supplies, prices, or trade.


References

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External links

*http://www.igc.org.uk/en/Default.aspx {{DEFAULTSORT:Grains Agreement, International Food treaties Agricultural treaties International Grains Agreement International Grains Agreement United Nations treaties Treaties of Algeria Treaties of Argentina Treaties of Australia Treaties of Canada Treaties of Ivory Coast Treaties of Cuba Treaties of Egypt Treaties entered into by the European Union Treaties of the Holy See Treaties of Hungary Treaties of India Treaties of Iran Treaties of Japan Treaties of Kazakhstan Treaties of Kenya Treaties of Malta Treaties of Mauritius Treaties of Morocco Treaties of Norway Treaties of Pakistan Treaties of South Korea Treaties of Russia Treaties of Saudi Arabia Treaties of South Africa Treaties of Switzerland Treaties of Tunisia Treaties of Turkey Treaties of Ukraine Treaties of the United States International Grains Agreement